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Yeah. Again, inflation is rising, oil shocks have not fully hit multiple industries, tech companies are laying people off left and right, farm bankruptcies are soaring, and consumer confidence is trash. The mega wealthy have turned the stock market into their “too big to fail” instrument. Or so it seems.Yeah, that's what happens when the US administration's priority is to juice the markets, not to tell the truth.
It’s frustrating to watch as Axios—which I’ve thought of as a reputable source—fellates the Trump admin by spouting this unchecked propaganda each week.Yeah, that's what happens when the US administration's priority is to juice the markets, not to tell the truth.
The crazy thing is I don't think the lies are even necessary. The markets may fluctuate a bit, but I've think we've now learned there's pretty much nothing that will cause them to truly collapse other than, maybe, a massive global recession. And that's not likely when so much wealth is in the hands of people who have little incentive to save it and credit is so freely available. So Trump could be telling the truth, which is that we're not close to a deal with Iran that will resolve anything that was unresolved before the war began, and I doubt it would have much impact on the markets. Instead, he keeps choosing to lie. The most logical explanations are (1) he's a compulsive liar who is unable to tell the truth about anything, and/or (2) he's creating buy/sell opportunities for insiders.Yeah. Again, inflation is rising, oil shocks have not fully hit multiple industries, tech companies are laying people off left and right, and consumer confidence is trash. The mega wealthy has turned the stock market into their “too big to fail” instrument. Or so it seems.
and Charlie Brown stock markets trust Lucy Trump every single time...Yeah. Again, inflation is rising, oil shocks have not fully hit multiple industries, tech companies are laying people off left and right, farm bankruptcies are soaring, and consumer confidence is trash. The mega wealthy has turned the stock market into their “too big to fail” instrument. Or so it seems.
He’s creating buy/sells let us not for a second kid ourselves.The crazy thing is I don't think the lies are even necessary. The markets may fluctuate a bit, but I've think we've now learned there's pretty much nothing that will cause them to truly collapse other than, maybe, a massive global recession. And that's not likely when so much wealth is in the hands of people who have little incentive to save it and credit is so freely available. So Trump could be telling the truth, which is that we're not close to a deal with Iran that will resolve anything that was unresolved before the war began, and I doubt it would have much impact on the markets. Instead, he keeps choosing to lie. The most logical explanations are (1) he's a compulsive liar who is unable to tell the truth about anything, and/or (2) he's creating buy/sell opportunities for insiders.
Both 1 and 2 are true.The crazy thing is I don't think the lies are even necessary. The markets may fluctuate a bit, but I've think we've now learned there's pretty much nothing that will cause them to truly collapse other than, maybe, a massive global recession. And that's not likely when so much wealth is in the hands of people who have little incentive to save it and credit is so freely available. So Trump could be telling the truth, which is that we're not close to a deal with Iran that will resolve anything that was unresolved before the war began, and I doubt it would have much impact on the markets. Instead, he keeps choosing to lie. The most logical explanations are (1) he's a compulsive liar who is unable to tell the truth about anything, and/or (2) he's creating buy/sell opportunities for insiders.